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Author Topic: CDVJ - NEWS...revenue coming in with Botaniex
Malloy
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CortDev, Inc. Releases Financial Projections of Botaniex Inc.; Botaniex Inc. Projects Fiscal 2005 Revenue of over $2,000,000

Friday , April 01, 2005 09:00 ET

HOUSTON, Apr 01, 2005 (BUSINESS WIRE) --CortDev, Inc. (CDVJ: Pink Sheets), today released the financial projections of Botaniex Inc., following its acquisition of the Company. Botaniex Inc. projects fiscal 2005 net income of approximately $500,000 on revenue of $2,300,000. The Company forecasts net income and revenue growth of over 80% and 160% respectively from fiscal 2005 to 2006. Furthermore, Botaniex projects that in fiscal 2007 the Company will generate close to $7,000,000 in revenue and earn over $2,600,000 on a net basis. Based on these financial projections from fiscal 2005 to 2007, Botaniex Inc. will achieve growth rates of approximately 200% in revenue and 400% in net income.

The above conservative financial projections are based on Botaniex Inc.'s existing customer base and innovative product portfolio. Botaniex's growth strategy centres on the competitive advantage of its leading-edge botanical extraction technology and its extensive expertise in the sales and marketing of herbal extracts. The Company's main source of revenue is derived from the sale of herbal ingredients to major international dietary supplement manufacturers.

Key products that will drive the rapid sales and net income growth of Botaniex include Luo Han Kuo, a natural sweetener that is an ideal replacement for sugar and functions as an anti-diabetic, which has a sizeable market of more than 300 million people worldwide that are currently at risk of developing diabetes. Another innovative product that is manufactured with the Company's patent-pending technology is 5-HTP PureMax, an extract from South Africa's Griffonia simplicifolia seed, which functions as an anti-depressant and weight loss agent.

Demand for Botaniex Inc.'s products is expected to rise significantly in the next couple of years capitalizing on the rapid expansion of the nutraceuticals and functional foods market from about $6 billion in 1999 to nearly $11 billion in 2004; representing a sharp increase of 83% over the past five years. The Company plans to expand its operations and asset-base in China and overseas to meet the rising global demand for its products and profit from the prevailing favorable market trends.

About Botaniex Inc.

Botaniex Inc. is a leading manufacturer of botanical extracts in China, serving the industries of dietary supplements, functional beverage, functional foods, cosmetic/personal care and pharmaceuticals. The Company's product line is broad, ranging from tea extracts and essential oils to other herbal extracts. Botaniex not only provides customized ingredients, but also offers value-added services for its customers and/or business partners. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry. For further information visit the Corporate website at www.botaniex.com.

For more information please contact current CEO, until the completion of the name change, Andrea Cortellazzi at 514-288-9699.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

SOURCE: CortDev, Inc.

CortDev, Inc.
Andrea Cortellazzi, 514-288-9699
aandre005@sympatico.ca

Copyright Business Wire 2005

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Malloy
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Just Learning
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up 200%
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poorman
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Must be time for A/C to dump some more shares.

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Love the Market
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I thought today's PR was an April fools joke at first - but it's on the wire! They haven't even COMPLETED the merger yet and AC is releasing projected revenues all the way into 2007.

"For more information please contact current CEO, until the completion of the
name change, Andrea Cortellazzi at 514-288-9699".

His PRs sound like they are written with no real thought process. Shoot, Ready, Aim !!

Poorman - glad to be able to save your butt the other day - It was just by chance that I was reading about the BTOR RS and remembered you had mentioned it a few days before!

All newbies - BEWARE of this SCAM.

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poorman
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Poorman - glad to be able to save your butt the other day - It was just by chance that I was reading about the BTOR RS and remembered you had mentioned it a few days before!

Still owe you one Love [Big Grin]
I talked with our old buddy Will but he was switching brokers at the time and got caught in that drop.

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Love the Market
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I guess the word is out on Cortalezzi and this POS stock. Even with a decent-sounding (Even though they are ALL Lies) PR, we can't even get a lousy spike to .0007 or .0009 any more to "ESCAPE" !! Not to mention that he's trying to catch up to CMKX when it comes to the OS!
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Malloy
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CortDev, Inc. Announces that Botaniex, Inc. has Purchased a Major Parcel of Land in Guangdong, China; Future Site of Botaniex, Inc.'s Multi-Million Dollar Manufacturing Facility

Tuesday , April 12, 2005 09:00 ET

HOUSTON, Apr 12, 2005 (BUSINESS WIRE) --CortDev, Inc. (CDVJ: Pink Sheets), today announced that Botaniex Inc. has purchased a 16.5-acre parcel of land in Zhaoqing High Technology Industry Development Zone, Guangdong Province, China. In order to meet the rising global demand for its innovative ingredients and profit from the prevailing favorable market trends, Botaniex, Inc. plans to construct a multi-million dollar, state-of-the-art manufacturing facility on this property.

Within a couple of years following its development and construction, Zhaoqing High Technology Industry Development Zone has become a world-class industrial development property. There are a total of 126 foreign-funded enterprises, including Fortune 500 companies from various industries, which have invested into the Zone; representing over $650 million of foreign investment.

Botaniex, Inc. has been approached by three local contractors that will bid on the construction of the plant. The Company will screen each firm based on their credentials, construction expertise and quality and cost control. Botaniex will announce the awarding of this major project to one of the local contractors upon the completion of the bidding process.

About Botaniex Inc.

Botaniex Inc. is an innovative manufacturer of botanical/herbal extracts, serving the worldwide manufacturers of dietary supplements, health foods, functional beverage, pharmaceuticals and cosmetics. The Company's product line is broad, ranging from tea and herbal extracts to essential oils. Botaniex not only provides customized ingredients, but also offers value-added services such as formulation assistance, clinical trial support and private label manufacturing. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry. For further information visit the Corporate website at www.botaniex.com.

For more information please contact current CEO, until the completion of the name change, Andrea Cortellazzi at 514-288-9699.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

SOURCE: CortDev, Inc.

CortDev, Inc.
Andrea Cortellazzi, 514-288-9699
aandre005@sympatico.ca

Copyright Business Wire 2005

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poorman
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Sounds like the airport P/R all over again

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WinsumLosesum
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CortDev, Inc. Announces Completion of Merger with Botaniex, Inc. and Appointment of New CEO
Business Wire - April 15, 2005 09:00

HOUSTON, Apr 15, 2005 (BUSINESS WIRE) -- CortDev, Inc. (BTXI: Pink Sheets), announced today that it has completed its acquisition of Botaniex, Inc. As a result, effective today, CortDev Inc. has changed its name to "Botaniex, Inc." and the new trading symbol is "BTXI."

As per the merger agreement, CortDev Inc. undertook a reverse stock split of its common stock whereby 1 share of common stock was issued in exchange for every 250 shares of common stock outstanding prior to the Effective Date. Immediately prior to the Effective Date, there were 4,130,169,782 shares of CortDev Inc. common stock issued and outstanding which was reduced to 16,520,679 shares post reverse stock split.

Botaniex Inc. is a market-oriented and research driven manufacturer of botanical extracts based in China. The Company has a strong R&D team of over 16 scientists dedicated to developing innovative ingredients to meet the market demand. Through strategic alliances, Botaniex utilizes 4 plants located in Hunan, Guangzhou, Guangxi and Sichuan Province. These plants have a total annual capacity of 800 metric tonnes of Powdered Extracts and 40 metric tonnes of essential oils. Botaniex Inc.'s strategic goals are to be the market leader in China and a major global player in the natural ingredients industry within 5 years.

Botaniex Inc. projects fiscal 2005 net income of approximately $500,000 on revenue of $2,300,000. The Company forecasts net income and revenue growth of over 80% and 160% respectively from fiscal 2005 to 2006. Furthermore, Botaniex projects that in fiscal 2007 the Company will generate close to $7,000,000 in revenue and earn over $2,600,000 on a net basis. Based on these financial projections from fiscal 2005 to 2007, Botaniex Inc. will achieve growth rates of approximately 200% in revenue and 400% in net income. Botaniex Inc. expects to capitalize on the large and rapidly growing global herbal products market, which is currently over $19 billion in size.

Andrea Cortellazzi, CEO of CortDev Inc., resigned immediately following the closing of this acquisition. The newly-formed Board of Directors of Botaniex Inc. has appointed Mr. Melson Liao as Chairman, CEO and President of the Company.

Melson Liao brings to Botaniex Inc. an extensive background in the dietary supplements, health foods and pharmaceuticals industries. Prior to joining Botaniex, Mr. Liao was Executive Vice President/President of Hunan Kinglong Bio-Resources Co., Ltd, the largest manufacturer and marketer of botanical/herbal extracts in China. Mr. Liao began his career at Capsugel China/Pfizer in 1990, where he worked for over 10 years; attaining the position of National Sales Manager. Mr. Liao received his MBA from South-China University of Technology, Post MBA from Schulich School of Business/ York University and Diploma from University of Michigan Business School.

Botaniex Inc. is pleased to announce that the enhanced version of its Corporate website has been completed, which can be accessed at www.botaniex.com. The Company has moved its corporate headquarters to Guangzhou, Guangdong Province, an attractive location for health food manufacturers and marketers. In addition, from this new corporate headquarters Botaniex can effectively supervise the construction of its manufacturing facility on the recently purchased 16.5-acre parcel of land in Zhaoqing High Technology Industry Development Zone, Guangdong Province, China. Pictures of the land on which the multi-million dollar plant will be constructed can be found at: http://www.botaniex.com/english/prod_facilities.htm.

About Botaniex Inc.

Botaniex Inc. is an innovative manufacturer of botanical/herbal extracts, serving the worldwide manufacturers of dietary supplements, health foods, functional beverage, pharmaceuticals and cosmetics. The Company's product line is broad, ranging from tea and herbal extracts to essential oils. Botaniex not only provides customized ingredients, but also offers value-added services such as formulation assistance, clinical trial support and private label manufacturing. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry.

For more information please contact CEO Melson Liao at melsonliao@botaniex.com or visit the Corporate website at www.botaniex.com.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

SOURCE: Botaniex, Inc.
Botaniex, Inc.
CEO Melson Liao
Tel: (86) 20 8702 6371
Fax: (86) 20 8702 6237
E-mail: melsonliao@botaniex.com


Copyright Business Wire 2005

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Trader O
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At least we have a new CEO!
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